The digital commerce revolution has fundamentally transformed India’s business landscape, with e-commerce transactions reaching unprecedented heights. However, this growth brings complex tax obligations that require meticulous understanding and implementation.
Navigating the complex landscape of Goods and Services Tax (GST) compliance in India requires meticulous attention to deadlines, accurate filing, and timely payments. The GST regime, implemented to streamline India’s indirect tax system, carries stringent provisions for non-compliance that can significantly impact business operations and financial
The recent surge in GST notices issued by Karnataka’s Commercial Tax Department has sent shockwaves across the business community, particularly among small traders and vendors who have been receiving digital payments through UPI platforms. This unprecedented enforcement action, targeting over 14,000 traders
The Goods and Services Tax framework in India has revolutionized the way businesses operate, bringing even temporary and foreign entities under its comprehensive tax net. Among the most intriguing aspects of this system are the special provisions designed for entities that don’t maintain permanent establishments in India yet engage in taxable activities.
The Goods and Services Tax (GST) regime introduced significant reforms in India’s indirect tax landscape, yet one persistent challenge taxpayers face involves delayed refund processing by tax authorities. When legitimate refund claims
The GST appeal condonation of delay mechanism serves as a crucial lifeline for taxpayers who miss the statutory timeline for challenging adverse orders under the Goods and Services Tax regime. Understanding this provision becomes essential when taxpayers find
The Goods and Services Tax regime has revolutionized India’s indirect tax landscape, bringing with it robust audit mechanisms designed to ensure compliance and prevent revenue leakage. Among these mechanisms, GST audit under Section 66 stands as a
The digitization of India’s tax system reached a significant milestone with the introduction of electronic invoicing, commonly known as E-Invoice. This revolutionary system has fundamentally transformed how businesses handle their invoicing processes under the Goods and
The introduction of the Goods and Services Tax (GST) in July 2017 marked a significant transformation in India’s indirect tax structure. Among the various compliance mechanisms introduced under this regime, the electronic Way Bill (e-Way Bill) stands as a
Receiving a GST notice is more than just an administrative inconvenience—it’s often the first signal that your compliance processes are under scrutiny. Among the most consequential provisions in the GST regime are Section 73 and 74 of the CGST Act, 2017. These two sections
